Coforge to buy 54% stake in Cigniti Technologies at Rs 1,415

Coforge to buy 54% stake in Cigniti Technologies at Rs 1,415 per share

The firm, which has signed a definite agreement with the IT services management company, believes the acquisition will improve company’s operating margins by 150-200 bps by FY27 and help grow to become a $2-billion company

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